Related papers: Econophysics: historical perspectives
Social physics is an active and diverse field in which many scientists with formal training in physics study a broad class of complex social phenomena. Social physics investigates societal problems but most often does not count on the…
We propose a stochastic map model of economic dynamics. In the last decade, an array of observations in economics has been investigated in the econophysics literature, a major example being the universal features of inequality in terms of…
Our society has been computerised and globalised due to emergence and spread of information and communication technology (ICT). This enables us to investigate our own socio-economic systems based on large amounts of data on human…
Bipartite networks provide an insightful representation of many systems, ranging from mutualistic networks of species interactions to investment networks in finance. The analysis of their topological structures has revealed the ubiquitous…
We consider the thermodynamic approach to the description of economic systems and processes. The first and second laws of thermodynamics as applied to economic systems are derived and analyzed. It is shown that there is a deep analogy…
Here I indulge in wide-ranging speculations on the shape of physics, and technology closely related to physics, over the next one hundred years. Themes include the many faces of unification, the re-imagining of quantum theory, and new forms…
The field of neutrino physics is currently very exciting, with several recent results pointing to new physics. I will give an overview of the current experimental situation, focusing primarily on neutrino oscillation results. The data are…
The paradoxes of thermodynamics and statistical physics are unavoidable in the study of physical paradoxes because of their importance at the time they came to be as well as the frequency of their appearance in historical studies of…
The field of condensed matter physics had its genesis this century and it has had a remarkable evolution. A closer look at its growth reveals a hidden aim in the collective consciousness of the field - a part of the development this century…
Challenges due to the rapid urbanization of the world -- especially in emerging countries -- range from an increasing dependence on energy, to air pollution, socio-spatial inequalities, environmental and sustainability issues. Modelling the…
This paper describes an approach to economics that is inspired by quantum computing, and is motivated by the need to develop a consistent quantum mathematical framework for economics. The traditional neoclassical approach assumes that…
At a time when humanity has achieved global dominance at a scale that was previously thought impossible, it might also face an existential threat due to the consequences of that overwhelming influence on our common home, the Earth System…
We discuss several models in order to shed light on the origin of power-law distributions and power-law correlations in financial time series. From an empirical point of view, the exponents describing the tails of the price increments…
The exchange of knowledge across different areas and disciplines plays a key role in the process of knowledge creation, and can stimulate innovation and the emergence of new fields. We develop here a quantitative framework to extract…
Classical economics has developed an arsenal of methods, based on the idea of representative agents, to come up with precise numbers for next year's GDP, inflation and exchange rates, among (many) other things. Few, however, will disagree…
Nuclear Astrophysics is a vibrant field at the intersection of nuclear physics and astrophysics that encompasses research in nuclear physics, astrophysics, astronomy, and computational science. This paper is not a review. It is intended to…
The concept of power can be explored at several scales: from physical action and process effectuation, all the way to complex social dynamics. A spectrum-wide analysis of power requires attention to the fundamental principles that constrain…
The highest energy cosmic rays observed possess macroscopic energies and their origin is likely to be associated with the most energetic processes in the Universe. Their existence triggered a flurry of theoretical explanations ranging from…
Cosmoparticle physics is the natural result of development of mutual relationship between cosmology and particle physics. Its prospects offer the way to study the theory of everything and the true history of the Universe, based on it, in…
Nuclear Physics has had its ups and downs. However in recent years, bucked up by some new and often puzzling data, it has become a potentially very rich field. We review some of these exciting developments in a few important sectors of…